Today, Orochi Network announced a strategic partnership with Tangle Network to develop the adoption and growth of decentralized technologies.
Orochi Network is a blockchain network that uses the power of ZKPs (zero-knowledge proofs) to address challenges of data correctness, computation limitation, and data availability in Web3 applications. It utilizes ECVRF and MPC to develop distributed nodes of trustless randomness of all forms of Web3 applications.
On the other hand, Tangle Network is a blockchain platform committed to improving security and privacy in digital transactions and supporting multi-chain zero-knowledge (ZK) applications. Tangle Network offers a platform for privacy-preserving and decentralized applications. The network allows data exchange, interaction, and functioning of zero-knowledge applications across various blockchain networks.
Advancing decentralized data solutions
This alliance aims to improve Tangle Network’s effectiveness and enhance its capabilities. With this partnership, Tangle integrates Orochi’s superior oracle services, which are crucial for accessing real-world data in Tangle’s decentralized applications.
Orochi’s oracle services play an important role in improving the way DApps access and use real-world data. This alliance enabled the integration of these Oracle services on Tangle Network. As a result, these oracles allow the seamless operation of Tangle’s decentralized applications with data that is verifiable and accurate.
Orochi is a network that specializes in ZKPs, which is essential for improving security and privacy in a wide range of applications.
With the integration of its, Tangle improves the security and privacy of its ecosystem. This development also enables Tangle’s smart contracts to allow anonymous user interactions, confidential data storage, and private transactions in the Tangle ecosystem.
Broadening application of decentralized technologies
The alliance also immensely contributes to streamlining and improving the Web3 development experience for all developers deploying applications in the Tangle Network.
In addition, the collaboration enables developers on the Tangle Network to access Orochi’s high-quality oracle services. Orochi infrastructure is essential for enabling smart contracts that rely on real-time data to trigger transactions. Such integration enables Tangle’s blockchain to allow developers to develop more powerful and extensive applications in the ecosystem.
Conclusion
As the demand for advanced and decentralized trading solutions rises, Tangle and Orochi are set to meet such evolving needs. This collaboration highlights Tangle’s dedication to innovation and its mission to transform blockchain transactions to be more enjoyable, scalable, and accessible across the globe.
